Midnight GlacierDrop: Full Tokenomics & Claim Breakdown

The Midnight GlacierDrop is finally here, and in this episode, I break down everything you need to know about claiming your NIGHT tokens.

Midnight is a new privacy-focused blockchain built by IOG, featuring two key tokens: NIGHT (a utility and governance token) and DUST (a non-transferable shielded resource for private transactions).

This episode walks through the entire claim and redemption process, eligibility requirements, and why the staggered release of NIGHT is designed to prevent token dumping. 

The GlacierDrop claim is open to holders of ADA, BTC, ETH, XRP, BNB, SOL, AVAX, and BAT based on a snapshot taken on June 11, 2025. ADA holders receive the largest allocation—50% of the eligible airdrop supply. 

You’ll need to connect your wallet to the official GlacierDrop portal when it launches and claim within a 60-day window.

After that, unclaimed tokens move to the Scavenger Mine phase, followed by a long-term 

Lost & Found period that spans four years. Redemption of NIGHT tokens follows a 360-day vesting schedule with unlocks every 90 days, starting randomly within the first 90 days post-claim.

Each redemption requires a transaction on Cardano, so be ready to cover network fees.

Also, Cardano SPOs can earn NIGHT by participating in Midnight’s block production. Delegators to those pools will benefit too—so be sure to speak with your SPO. 

📌 Claim Site: [to be announced]
📚 Tokenomics: https://midnight.gd
🛠 GitHub: Midnight node Docker container available
https://github.com/midnightntwrk/midnight-node-docker

Stay tuned and subscribe so you don’t miss your claim window.


00:00 Midnight GlacierDrop Tokenomics Revealed  
00:29 What is Midnight and its Cardano link  
00:54 NIGHT and DUST tokens explained  
01:49 NIGHT’s multi-chain role and governance  
02:19 GlacierDrop, Scavenger Mine, Lost & Found phases  
02:45 Snapshot date and eligible assets  
03:15 Claim website and redemption overview  
03:45 Token allocation breakdown  
04:15 Scavenger Mine reallocation  
04:44 Lost & Found second chance  
05:12 60-day claim window explained  
05:41 Vesting and thawing period  
06:09 Full claim schedule timeline  
06:37 Randomised thaw unlock  
07:32 Avoiding token dumps  
07:57 Redeeming in instalments  
08:27 Cardano fees and grace period  
08:53 Lost & Found smart contract claims  
09:20 If the portal goes offline  
09:44 Manual claim opportunities  
10:13 NIGHT and DUST token recap  
11:05 SPO and delegator token rewards  
11:34 Final tokenomics notes  
12:02 Outro and claim reminder  


DISCLAIMER: This content is for informational and educational purposes only and is not financial, investment, or legal advice. I am not affiliated with, nor compensated by, the project discussed—no tokens, payments, or incentives received. I do not hold a stake in the project, including private or future allocations. All views are my own, based on public information. Always do your own research and consult a licensed advisor before investing. Crypto investments carry high risk, and past performance is no guarantee of future results. I am not responsible for any decisions you make based on this content.

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